Symetra Launches New Accumulation VUL Product
From Symetra:
Our new variable universal life (VUL) product continues our tradition of simplicity, transparency and cost efficiency.
Accumulator VUL is a straightforward, client-friendly VUL offering death benefit protection and the potential to help build wealth for future goals.
Features and riders include:
Subaccounts are managed by professional money managers, each with a focus on specific investment objectives or that track and attempt to replicate the performance of specific market indexes.
Optional Waiver of Monthly Deductions Rider can help clients if they are totally disabled and unable to work.
Embedded Overloan Lapse Protection Rider and No-Lapse Guarantee feature for advanced planning situations.
Embedded Accelerated Death Benefit for Chronic Illness and Terminal Illness Riders and an optional Accelerated Death Benefit for Chronic Illness Plus Rider.
Optional Charitable Giving Benefit Rider provides an additional benefit to the qualified charity of your client’s choice.
Optional Surrender Value Enhancement and Supplemental Protection Riders, which can add design flexibility in complex cases.